The FTSE emerging markets gauge weights Brazilian stocks 16.1 percent, compared with 12.6 percent on the MSCI index. South Africa makes up 10.6 percent of FTSE’s index and 7.7 percent of the MSCI benchmark, while China is 16.7 percent of the FTSE and 12.9 percent on the MSCI. India comprises 9.6 percent of FTSE’s emerging markets index and has a weighting of 7.1 percent on MSCI’s, while Taiwan makes up 13.2 percent of the FTSE gauge versus 11 percent at MSCI.

About Focus on Funds

As exchange-traded funds and other investing vehicles have ballooned in number, the task of figuring out what works well and what doesn’t has only gotten harder. Barrons.com’s Focus on Funds looks under the hood of ETFs, mutual funds and hedge funds for overlooked values, actionable ideas and the latest pitfalls for fund investors.

Chris Dieterich has covered the U.S. stock market for The Wall Street Journal and Dow Jones Newswires. He is a graduate of Regis University and the Missouri School of Journalism.